In a recent discussion, Lookonchain has highlighted the activities of a prominent whale with the address "0xee47," who has notably boosted their Ethereum (ETH) holdings by a staggering 3,200 ETH, equivalent to approximately $6.7 million. This accumulation comes after seven months of consistent ETH acquisition, starting on July 5, 2022. At present, their holdings stand at an impressive 183,742 ETH, valued at around $387.8 million, resulting in an unrealized profit of approximately $154 million.
In a similar scenario, another whale with the address "0x78D0" has been actively accumulating ETH since May 24. This particular whale reportedly acquired 12,680 ETH at an average price of $1,768 from the Kraken exchange. As per the most recent data available, their total holdings amount to $26.16 million, with an unrealized profit estimated to be around $3.7 million.
Meanwhile, whale "0xBf71" made a significant deposit of 30,001 ETH, valued at $62 million, which unfortunately resulted in a total loss of $183 million.
Holding Steady at the $2,000 Mark
Over the past five days, Ethereum has managed to maintain its position above the $2,000 threshold, a feat attributed to the registration of an iShares ETH Trust by BlackRock, the world's largest asset manager with assets under management totaling $9.4 trillion.
The trust received official registration on November 9, and in the wake of this development, Ethereum saw a 9% increase in value, capturing the attention of both everyday investors and whales alike.
For more information, you can also explore Ethereum and Everlodge price predictions, where a member of the Dogecoin Foundation issues a warning about potential market trends.
